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Apr 14, 2010
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will higher taxes on the rich help reduce the deficit? 5,000 of you or approaching 5,000 have voted in there. 8% of you say yes, it will reduce. 92% of you say no, it won't reduce. it's not scientific. but it's what you voted. next, a midweek bear alert and the fox news basketball team. and hollywood in the cube. i don't think you can live the american lifestyle without energy. we have all this energy here in the u.s. we have wind. we have solar, obviously. we have lots of oil. i think natural gas is part of the energy mix of the future. i think we have the can-do. we have the capability. we have the technology. the solutions are here. we just need to find them here. ah looks like somebody's a winner. ha, not me! cause shipping is a hassle. different states, different rates. not with priority mail flat rate boxes from the postal service, if it fits it ships anywhere in the country for a low flat rate. so shipping for the chess champ in charleston is the same as shipping for the football phenom in philly? yep. so win! actually, i think yod
will higher taxes on the rich help reduce the deficit? 5,000 of you or approaching 5,000 have voted in there. 8% of you say yes, it will reduce. 92% of you say no, it won't reduce. it's not scientific. but it's what you voted. next, a midweek bear alert and the fox news basketball team. and hollywood in the cube. i don't think you can live the american lifestyle without energy. we have all this energy here in the u.s. we have wind. we have solar, obviously. we have lots of oil. i think natural...
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Mar 12, 2010
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greece has a big budget deficit. the government has announced cutbacks to try to control costs but opponents say every day folks are bearing the burden. south korea, a joint military drill with united states troops in seoul. the exercise, one of many taking place across the country. the top u.s. commander in south korea says the drills are to practice locating, securing, and eliminating north korea's weapons of mass destruction. north korea says it will respond by increasing its nuclear capability. pakistan. an attack at the offices of a u.s.-based christian aid group. police in the northwest say nearly 10 gunman opened fire, then left a bomb that they later set off by remote control. the aid group has been helping survivors of the 2005 earthquake in kashmir. zoo officials believed an elephant calf had died during labor, but then this guy came out nine days later. the zoo's director says the baby may have entered a coma before its birth. handlers say the calf still has some healing to do. that's a wrap on this fox tr
greece has a big budget deficit. the government has announced cutbacks to try to control costs but opponents say every day folks are bearing the burden. south korea, a joint military drill with united states troops in seoul. the exercise, one of many taking place across the country. the top u.s. commander in south korea says the drills are to practice locating, securing, and eliminating north korea's weapons of mass destruction. north korea says it will respond by increasing its nuclear...
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Mar 3, 2010
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his objection, the american would add another $10 billion to the deficit and the democrats haven't explained how to pay for it. >> we want a country that don't owe everybody in the world for our existence. and the question i have been asked mostly is why now? well why not now? >> today, we have a clear-cut example to show the american people just what's wrong with washington, d.c. and that's because today one single republican senator is standing in the way of the unemployment benefits of 400,000 americans. >> shepard: and breaking right now senate leaders from both parties have just reported they have found a way to end this standoff. this story is developing as we speak or as i speak at any rate. you may be speaking, i wouldn't know. jim angle should speak now. what happened? >> well, shep, while it lasted, democrats were delighted to have a republican target in the form of senator jim bun hog was holding up unemployment benefits among other things until democrats agreed to find a way to pay for it instead of adding to the deficit. and all day, shep, democrats have been having a field day.
his objection, the american would add another $10 billion to the deficit and the democrats haven't explained how to pay for it. >> we want a country that don't owe everybody in the world for our existence. and the question i have been asked mostly is why now? well why not now? >> today, we have a clear-cut example to show the american people just what's wrong with washington, d.c. and that's because today one single republican senator is standing in the way of the unemployment...
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Dec 2, 2010
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. >> shepard: the deficit will destroy america that from our leaders to insist we must fix it are we willing to take the cut? now there is a plan. tonight the details. if you have a job -- if you drive a car -- if you expect to collect social security, this plan would impact your life. >> these are tough times requiring tough decisions. >> i think the american people want us to do something real. >> shepard: tonight, a major proposal to get our nation's finances back on track. but results come at a price. the wikileaks founder julian assange already under fire for posting thousands of secret government documents. now, he has another problem. a global warrant on rape charges. but his lawyer says this isn't prosecution. it's persecution. plus, the missing brothers in michigan. even as volunteers scour the landscape, the father appeared in court and put up a fight. tonight, new developments in the case and the police chief's appeal for help. first from fox this wednesday night, the drastic plan to cut trillions from the u.s. deficit. and make no mistake, when we're talking numbers like
. >> shepard: the deficit will destroy america that from our leaders to insist we must fix it are we willing to take the cut? now there is a plan. tonight the details. if you have a job -- if you drive a car -- if you expect to collect social security, this plan would impact your life. >> these are tough times requiring tough decisions. >> i think the american people want us to do something real. >> shepard: tonight, a major proposal to get our nation's finances back on...
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Aug 19, 2010
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the bottom line, is deficit is growing. the debt in the country is growing and it's not good. >> shepard: adam shapiro in new york tonight. thank you. another new low for mortgage rates. average rate on 15 year fixed home loan is down to 3.9%. lowest rate ever. according to the u.s. mortgage giant freddie mac, the ninth week in a row that fixed rate mortgages have met or set a new record low. economists say investors are worried about the struggling economy. now the yemen where security forces say they have captured a suspected al qaeda member. they tell us he surrendered after he raided a home where he was hiding north of the capital. the suspect faces a death sentence for the bombing of a french oil tanker back in 2002. he is one of two dozen inmates who broke out of prison four years ago. meanwhile, we are hearing from the father of an american terrorist suspect still on the loose in yemen. catherine herridge live in d.c. tonight. catherine? >> well, shepard, we asked the state department today whether the government in
the bottom line, is deficit is growing. the debt in the country is growing and it's not good. >> shepard: adam shapiro in new york tonight. thank you. another new low for mortgage rates. average rate on 15 year fixed home loan is down to 3.9%. lowest rate ever. according to the u.s. mortgage giant freddie mac, the ninth week in a row that fixed rate mortgages have met or set a new record low. economists say investors are worried about the struggling economy. now the yemen where security...
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Nov 11, 2010
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the proposal is aimed at helping to reduce the deficit. and on this day back in 1775, the continental congress passed a resolution that established two battalions of marines. since then u.s. marines have participated in all american wars. fighting from the halls of montezuma to the islands during world war ii, which the japanese commander claimed would take 1 million men 100 years to conquer. ma
the proposal is aimed at helping to reduce the deficit. and on this day back in 1775, the continental congress passed a resolution that established two battalions of marines. since then u.s. marines have participated in all american wars. fighting from the halls of montezuma to the islands during world war ii, which the japanese commander claimed would take 1 million men 100 years to conquer. ma
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Oct 15, 2010
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the deficit is actually down slightly from last year when it hit a record high. but as you can see here, it's the second straight year in which the budget has been more than a trillion dollars in the red. our white house correspondent wendell goler live on the north lawn tonight. these deficits have to weigh on the president's agenda, wendell. >> well, you are right. the red ink making it hard for the president to get support for infrastructure rebuilding program intended to mainly help the construction and manufacturing sector where the unemployment rates nearly twice the national average. also the deficits boosting republican prospects for next month's congressional election. john cornyn saying quote. mr. obama himself could only say that things are at least headed in the right direction. >> the economy is now growing again. the private sector we have seen job growth in the private sector nine months in a row now. president speaking at a rally in delaware trying to keep vice president biden's old senate seat in democratic hands, shepard? >> shepard: meanwhile,
the deficit is actually down slightly from last year when it hit a record high. but as you can see here, it's the second straight year in which the budget has been more than a trillion dollars in the red. our white house correspondent wendell goler live on the north lawn tonight. these deficits have to weigh on the president's agenda, wendell. >> well, you are right. the red ink making it hard for the president to get support for infrastructure rebuilding program intended to mainly help...
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Feb 19, 2010
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the president creating a bipartisan panel to recommend ways to reduce the deficit. he signed the executive order saying republicans and democrats need to work together to get the country out of the red ink. >> america's fiscal problems won't be solved overnight. they have been growing for years. they will take time to wind down. with the commission that i'm establishing today, and the other steps we're pursuing, i believe we are finally putting america on the path towards fiscal reform and fiscal responsibility. >> shepard: take a look at what we are up against. the amount the government spends versus what it takes in has surged over the past couple of years. the office of management and budget estimates the deficit will hit more than $1.5 trillion this year. peter barnes from the fox business network live in washington. peter, how is this panel supposed to work? >> well, shep, the president charged the commission with coming up with a plan to reduce the deficit by december 1st to cut it to 3% of g.d.p. by 2015 from 10% this year. the commission will be made up of 1
the president creating a bipartisan panel to recommend ways to reduce the deficit. he signed the executive order saying republicans and democrats need to work together to get the country out of the red ink. >> america's fiscal problems won't be solved overnight. they have been growing for years. they will take time to wind down. with the commission that i'm establishing today, and the other steps we're pursuing, i believe we are finally putting america on the path towards fiscal reform...
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Aug 10, 2010
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this is deficit neutral, right? >> well, it took the senate weeks to pass this bill, which is why the house had to return from break. and what took so long was democrats figuring out a way to pay for it the congressional budget office says this proposal makes enough money off limiting foreign tax credits, scaling back food stamp payments, government energy loans to pay for the $26 billion price tag plus a little more it will just take the government about 10 years to pay it off, shep. >> shepard: rich edison from fox business live for us from washington tonight. rich, good to see you. smiley over here, jetblue flight attendant facing seven years in prison after his epic temper tantrum on the tarmac at new york's jfk airport. officials say the 39-year-old steven slater cursed out a plane full of passengers over the loud speaker. actually, there had been a bag and hit him in the face. all he wanted was an apology. he couldn't get it. he is like "i'm done." then we're told he activated the inflatable emergency chute, g
this is deficit neutral, right? >> well, it took the senate weeks to pass this bill, which is why the house had to return from break. and what took so long was democrats figuring out a way to pay for it the congressional budget office says this proposal makes enough money off limiting foreign tax credits, scaling back food stamp payments, government energy loans to pay for the $26 billion price tag plus a little more it will just take the government about 10 years to pay it off, shep....
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Jul 23, 2010
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a move cut 3.5-million-dollar deficit nearly in half. critics charge short changing law enforcement is a dangerous strategy. other cash-strapped cities may soon follow suit. >> they are going to have to do something. they either cut services or find a more efficient way to deliver them. outsourcing, contracting for police and fire is one way to maintain the service level while reducing costs. >> oakland has just laid off 80 officers save $14 million annually. even though violent crime son the rise. have a la who he is suspending canine unit to save money. police units fighting back. in stockton residents can expect to see half a dozen more of those billboards this year. >> jon: claudia cowan, san francisco, thanks. you know times are really tough financially when even super villains have to resort to common stick-ups. yes. darth vader himself spotted robbing a chase bank here on long island east of manhattan. he must have left his life safer at home because all he had was a pistol. >> he had to do 28 years not much is going to surprise m
a move cut 3.5-million-dollar deficit nearly in half. critics charge short changing law enforcement is a dangerous strategy. other cash-strapped cities may soon follow suit. >> they are going to have to do something. they either cut services or find a more efficient way to deliver them. outsourcing, contracting for police and fire is one way to maintain the service level while reducing costs. >> oakland has just laid off 80 officers save $14 million annually. even though violent...
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the state faces a looming $20 billion budget deficit and deep cutbacks this year, force reduce classes, staff layoffs and tuition hikes. protesters say that the cuts are weakening the education system which has long been considered the very best in the nation. every day and in just about every way fox news is on the job hunt. and so are millions of older americans. look at these numbers. the government reports that the jobless rate for workers 55 and older reached its highest level in seven decades last month. 7.1%. more than 2 million people in that age group could not find work in february. and, get this. with the great recession doing so much damage to so many retirement funds, one steady predicts the number of workers between 65 and 74 will go up by more than 80% over the next six years and 45% of americans approaching retirement now say they plan to never stop working. so to help seniors find work, a couple of groups are launching massive jobs fair in 19 states. jonathan serrie is in atlanta with details. besides age, what else makes it so tough for this particular group to find j
the state faces a looming $20 billion budget deficit and deep cutbacks this year, force reduce classes, staff layoffs and tuition hikes. protesters say that the cuts are weakening the education system which has long been considered the very best in the nation. every day and in just about every way fox news is on the job hunt. and so are millions of older americans. look at these numbers. the government reports that the jobless rate for workers 55 and older reached its highest level in seven...
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Nov 30, 2010
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certainly because tiny dent in the $1 trillion deficit. the president says it's a beginning. >> we're going to have to budge on some deeply held positions and compromise for the good of the country. set aside politics of the moment to make progress for the long term. >> shepard: congress has to approve the president's plan it would not apply to lawmakers. but they voted last april to keep their pay where it is anyway. and the president's salary has been at $400,000 since 2001. by the way, we got a look at the stitches in the president's lower lip yesterday. you missed it over the holidays, the president was in another elbow accident while playing basketball on friday. he says doctors have given him a clean bill of health and he has already been back on the court with his daughters. the president says is he looking forward to meeting with congressional leaders from both parties tomorrow as lawmakers get back to work. they have only a few days to avoid a government shutdown and just a few weeks to keep the bush tax cuts from expiring for eve
certainly because tiny dent in the $1 trillion deficit. the president says it's a beginning. >> we're going to have to budge on some deeply held positions and compromise for the good of the country. set aside politics of the moment to make progress for the long term. >> shepard: congress has to approve the president's plan it would not apply to lawmakers. but they voted last april to keep their pay where it is anyway. and the president's salary has been at $400,000 since 2001. by...
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when they did it before, they did use emergency deficit finance spending. the republicans say everything is different now. this is for the second year in a row the federal government is going to run a deficit of more than a trillion dollarsed to the national debt right now is $13 trillion. the minority leader of the house republicans, john boehner put out a statement in this regard today. let me read part of that statement. quote: that's not what's going to happen tomorrow. with the 60 votes the president has insured. extend until november 30th of this year will pass. the house has to okay it by the end of the this week. >> shepard: major, thanks as always. there is new hope that americans will be able to find jobs in the coming week as the survey shows more employers are now hiring. 31% of companies' leaders told the national association for business economics that they added jobs in the second quarter of the year. that's up from just 6% at the same period the year before. and it's the highest level in three years. meanwhile, the percentage of businesses t
when they did it before, they did use emergency deficit finance spending. the republicans say everything is different now. this is for the second year in a row the federal government is going to run a deficit of more than a trillion dollarsed to the national debt right now is $13 trillion. the minority leader of the house republicans, john boehner put out a statement in this regard today. let me read part of that statement. quote: that's not what's going to happen tomorrow. with the 60 votes...
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the white house estimates the deficit will equal more than 8% of the total u.s. economy next year, a lower percentage than this year's projected budget. tax incentives to create jobs. higher incentives on the wealthy. our white house correspondent wendell goler is live on the north lawn now. take us through the budget if you would. >> shepard, that increase in taxes for people making more than $250,000 a year, families making more than $250,000 a year comes by scaling back the bush administration's tax cuts and also the amount that wealthy families are able to deduct for charitable contributions. it would raise -- it would save about $100 billion a year and that is by far the biggest savings in a budget the president hopes will also provide 1 $100 billion in small business tax credits this year. -to-create more jobs. >> i think it's very important to understand, we won't be able to bring down this deficit over night, given that the recovery and families across the country still need help. >> for republicans, there is too much government spending. $3.8 trillion, w
the white house estimates the deficit will equal more than 8% of the total u.s. economy next year, a lower percentage than this year's projected budget. tax incentives to create jobs. higher incentives on the wealthy. our white house correspondent wendell goler is live on the north lawn now. take us through the budget if you would. >> shepard, that increase in taxes for people making more than $250,000 a year, families making more than $250,000 a year comes by scaling back the bush...
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and he made clear that he views broad tax relief as the surest way to create jobs and bring down the deficit. >> you take what we're dealing with in massachusetts and many of you are not there, sales tax, meals tax, hotel tax, beer tax, increase potentially on gas tax, put a chip in your registration to maybe have a mileage tax and then you couple what the federal government is trying to do it's getting to the point where people are just fed up and they want some type of relief. >> the senator also said he wants to, quote, speak with the generals in the field before making any decisions about whether to repeal the pentagon's don't ask, don't tell policy which prohibits gays and lesbians who serve in the military from openly declaring their sexuality. >> shepard: senator brown talked about -- didn't seem too surprised when democrats in his own state didn't give him the warmest send off today. >> moments after devol patrick, a democrat, signed off the paperwork today, which was scott brown's certificate of election, the massachusetts secretary of state william gal vin, also a democrat, did lik
and he made clear that he views broad tax relief as the surest way to create jobs and bring down the deficit. >> you take what we're dealing with in massachusetts and many of you are not there, sales tax, meals tax, hotel tax, beer tax, increase potentially on gas tax, put a chip in your registration to maybe have a mileage tax and then you couple what the federal government is trying to do it's getting to the point where people are just fed up and they want some type of relief. >>...
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a new report indicates the nation's deficit has risen to 13.6%. the government may have no choice but to accept a regional support package. something it's rejected thus far. philippines, a cargo plane crashing in a rice field. electrical force the pilots to try emergency landing in that field. the jetblue -- jet blew up on impact. the shipping company u.p.s. reportedly chart ared the plane. united kingdom three candidates for prime minister squaring off in the country's second televised debate. this one focusing on foreign affairs. it's the first election in which candidates are debating on live television. the polls indicate the race is extremely close. the country's general election set for may the 6th. australia, locus swarming across south whales victoria. bugs threatening wheat crops. the locusts have already destroyed fields of barley and carrots said to be worth millions of dollars. and that's a wrap on this fox trip around the world in 80 seconds. a bit less than six months now until voters decides who stays and who goes in congress. tonig
a new report indicates the nation's deficit has risen to 13.6%. the government may have no choice but to accept a regional support package. something it's rejected thus far. philippines, a cargo plane crashing in a rice field. electrical force the pilots to try emergency landing in that field. the jetblue -- jet blew up on impact. the shipping company u.p.s. reportedly chart ared the plane. united kingdom three candidates for prime minister squaring off in the country's second televised debate....
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and because he is retiring and he has long been a deficit hawk. is he not going to make that one of his final votes. >> shepard: carl cameron on the hill tonight. the man who makes his name blasting secret information all over the planet is tonight himself under lock and key a judge in great britain denied bail to the wikileaks founder julian assange today after he said he would fight extradition to sweden. [shouting] >> shepard: this was the scene at a london courthouse as the press scrambled for shots of the planet's most famous leaker. swedish priorities prosecutors are looking to investigate assange for sex crimes against two women. they deny claims from assange's representatives that the criminal case is purely political. >> many people believe mr. assange to be innocent, myself included. >> anybody who looks through the details of the case in sweden, this shouldn't have happened today. this is an innocent man. >> shepard: innocent or not, there is no doubt of assange's role in exposing government secrets. wikileaks has been posting thousands
and because he is retiring and he has long been a deficit hawk. is he not going to make that one of his final votes. >> shepard: carl cameron on the hill tonight. the man who makes his name blasting secret information all over the planet is tonight himself under lock and key a judge in great britain denied bail to the wikileaks founder julian assange today after he said he would fight extradition to sweden. [shouting] >> shepard: this was the scene at a london courthouse as the...
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Dec 11, 2010
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the government has an enormous budget deficit and we learned today it's getting worse. the treasury department reports the difference between what the government spends and what it takes in was $150.4 billion in the month of november. that's up from $120 billion the same month last year and in fact, it's the largest november deficit ever. you can see there hasn't been a monthly surplus since 2008. well, the teenage boy who reportedly admits he cut off the heads of four people at the direction of mexico's drug gangs is an american citizen. u.s. officials confirmed today the 14-year-old boy and suspected hitman was born right here in san diego, california and they've nicknamed him the cloaked one. the child reportedly told reporters that he decapitated four people and he claims cartel leaders drugged him and forced him to become a killer. casy siegel with the news live in the west coast newsroom this afternoon. how will this boy's status as a u.s. citizen affect what happens now, if at all? >> shep, the u.s. consulate tells us he'll be treated like any other u.s. citizen,
the government has an enormous budget deficit and we learned today it's getting worse. the treasury department reports the difference between what the government spends and what it takes in was $150.4 billion in the month of november. that's up from $120 billion the same month last year and in fact, it's the largest november deficit ever. you can see there hasn't been a monthly surplus since 2008. well, the teenage boy who reportedly admits he cut off the heads of four people at the direction...
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hammer home his efforts on the economy, even as he faces new criticism from republicans on jobs and the deficit. the president and the vice president traveled to tampa today to announce billions of dollars in grants for a new high speed rail project there and, for that matter, across the nation. projects the white house says will put thousands of people to work. >> we are creating jobs, good jobs. construction jobs. manufacturing jobs. we will be creating them right now. >> shepard: republicans maintain the white house has not been doing enough to help folks find employment. >> the american people are still asking the question, where are the jobs? i believe the solutions that we have laid out will go much further in terms of creating jobs for americans than what this administration has proposed thus far. >> shepard: and just today, the labor department reported that 470,000 americans filed for first-time unemployment benefits last week. that number is down slightly from the week before. but not as sharply as the analysts had predicted. just another remindeof tough times americans are facing. se
hammer home his efforts on the economy, even as he faces new criticism from republicans on jobs and the deficit. the president and the vice president traveled to tampa today to announce billions of dollars in grants for a new high speed rail project there and, for that matter, across the nation. projects the white house says will put thousands of people to work. >> we are creating jobs, good jobs. construction jobs. manufacturing jobs. we will be creating them right now. >> shepard:...
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is facing a huge deficit, shep, and severe cuts are needed to get the spending under control. and those spending cuts are painful. so, how that will play out here in the united states, we shall see. but this could be a forerunner of what we can expect here. >> shepard: ashley webster from fox business. thank you. a u.s. army investigator today testified that the suspect in the fort hood shooting massacre was still very much heavily armed when the military police finally took him into custody. in fact, we now know he had a second gun in his pocket. and 200 more rounds of ammunition. as you may recall, major middle hasan is facing 13 counts of murder and 32 counts of attempted murder. prosecutors say he used a semiautomatic weapon to fire about 150 bullets in the worst shooting ever at an american military base. the exchanged fire with the shooter after ordering him to drop his weapon. major hasan was paralyze nad shootout and could face the death penalty if he is convicted. the woman who says mexican drug pirates shot and killed her husband on a border lake now says she is goin
is facing a huge deficit, shep, and severe cuts are needed to get the spending under control. and those spending cuts are painful. so, how that will play out here in the united states, we shall see. but this could be a forerunner of what we can expect here. >> shepard: ashley webster from fox business. thank you. a u.s. army investigator today testified that the suspect in the fort hood shooting massacre was still very much heavily armed when the military police finally took him into...
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deficit hawks agree with that assessment. >> i think military pay is not only on par, i think it's above civilian levels once you take those benefits into account the housing assistance, the subsistence assistance. tax breaks with, those aren't always taken into account when they do these figures that. >> pay raise is part of a defense operations bill winding its way through congress. this big log jam at the last minute of this lame duck session. shep? >> shepard: i'm sure you are getting feedback from troops from the military community. >> right. they don't like this small pay raise at all. they say it's not the right time to do it. you can't really compare a civilian worker with person in combat who is risking his life on the line every day. they worry it might set a bad precedent. might encourage the best people to leave the military. let's listen. >> the issue really is centered around the middle managers. the staff sergeants and the captains who have started families and who have wives who aren't too crazy about their military service after four or five rotations to afghanistan. >>
deficit hawks agree with that assessment. >> i think military pay is not only on par, i think it's above civilian levels once you take those benefits into account the housing assistance, the subsistence assistance. tax breaks with, those aren't always taken into account when they do these figures that. >> pay raise is part of a defense operations bill winding its way through congress. this big log jam at the last minute of this lame duck session. shep? >> shepard: i'm sure you...
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this will be a signal to voters that he is serious about getting his arms around the budget deficit. of course, none of the spending on the entitlement side social security, medicare or medicare is affected either. >> shepard: i'm getting for more from the white house. it says exempt from this will also be -- i lost my place. it changed to the next script. veterans affairs, anything for veterans affairs is going to be. foreign aid, homeland security. none of -- all of those are exempt from this spending freeze. >> that's exactly right. if it's on a security platform, shepard, it doesn't count. so anything that's non-security. let me tell you, this i can guarantee what's going to happen on capitol hill. >> shepard: it's election year. can i guarantee you too. >> lawmakers will say you have bought-to-boost things for my district or my program or these things, think about, this shepard, food security at the agriculture department. that's national security. we don't want unsafe food. that has to be exempted too, mr. president. all of those sorts of disagreement and debates will go on. in
this will be a signal to voters that he is serious about getting his arms around the budget deficit. of course, none of the spending on the entitlement side social security, medicare or medicare is affected either. >> shepard: i'm getting for more from the white house. it says exempt from this will also be -- i lost my place. it changed to the next script. veterans affairs, anything for veterans affairs is going to be. foreign aid, homeland security. none of -- all of those are exempt...
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that is just rhetoric. >> reporter: even though the middle class tax cuts will add $3 trillion to the deficit, democrats feel that they are better for the economy, and a much easier sell to the american people. shepard? >> shepard: wendell goler, live at a very rainy night in the north lawn, wendell, thanks a lot. fox news confirmed today that tomorrow morning president obama will announce the resignation of the white house chief of staff, rom rahm emanuel it is widely reported that he is stepping down to run for mayor of chicago and he has been with the president since day one of the administration and we're told he could leave washington, this weekend. so he can begin campaigning immediately. so what about a replacement? we're told the white house senior advisor, peter rouse is a likely candidate to fill in, as interim chief of staff. prosecutors reportedly considering hate crime charges, in a case that has gotten national attention. the new jersey college freshman who killed himself after his roommate and his roommate's friend are said to have secretly sent out a live internet feed of the
that is just rhetoric. >> reporter: even though the middle class tax cuts will add $3 trillion to the deficit, democrats feel that they are better for the economy, and a much easier sell to the american people. shepard? >> shepard: wendell goler, live at a very rainy night in the north lawn, wendell, thanks a lot. fox news confirmed today that tomorrow morning president obama will announce the resignation of the white house chief of staff, rom rahm emanuel it is widely reported that...
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for the heirs who were left behind but not for the government coffers especially tat a time when the deficit is skyrocketing. here's the take on that. >> what you have right now is billionaires, billionaires are dying and their families for the first time in 100 years are paying nothing in estate tax while we have a record-breaking deficit. i guess some people in the senate think that is good public policy. i think it's absurd. >> sanders is not happy about the numbers. he is one of many senators who now have estate tax proposal circulating on capitol hill. shep? >> the estate tax as it stands now at least is scheduled to return next year with some changes, right? >> the other extreme is coming, shep. the estate tax is going to zoom from zero to 55% and it's not just going to hit the wealthy, as you would think of the rich. farmers and family business owners now coming out to say under the framework, their heirs are actually going to be forced to sell off businesses and lay off workers. that is a result of the republican senator richard shelby is hoping to avoid. >> when we take a tax hit ou
for the heirs who were left behind but not for the government coffers especially tat a time when the deficit is skyrocketing. here's the take on that. >> what you have right now is billionaires, billionaires are dying and their families for the first time in 100 years are paying nothing in estate tax while we have a record-breaking deficit. i guess some people in the senate think that is good public policy. i think it's absurd. >> sanders is not happy about the numbers. he is one of...
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but in order to do that, reduce premiums, not increase the deficit. not expand the cost and have it palatable to democrats in their own party. they have still got changes to make and at this late hour, there is is still no specific legislative language or a cost analysis by the cbo because they can't make all the public pieces fit together underneath their targets. >> carl cameron live on capitol hill. karl, thanks. president obama sitting down with fox news today for what we're told will be his final interview as the health care battle heads into the home stretch. "special report" host bret baire asking the president about one tactic that house democrats may actually use to try to get the senate bill passed without specifically voting on it. instead they will vote on a package of changes and deem that the bill had passed, retroactively. republicans blasting that move as, quote, trickery. >> the only way you can explain their behavior is they have lost their political minds. what they are doing is fanatical. it's not rationale. that they are trying to
but in order to do that, reduce premiums, not increase the deficit. not expand the cost and have it palatable to democrats in their own party. they have still got changes to make and at this late hour, there is is still no specific legislative language or a cost analysis by the cbo because they can't make all the public pieces fit together underneath their targets. >> carl cameron live on capitol hill. karl, thanks. president obama sitting down with fox news today for what we're told will...
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that's the problem our country is facing today after the federal budget deficit hit an all-time high for april. there is new concern our debt could be seen as less secure, especially if the interest that we pay on that debt rises dramatically. that problem could hit you in the wallet. gerri willis of the fox business network joins us live. gerri, lay people tell us, make us understand what is going on here. >> this is fascinating, juliet. moody investor service said this debt is climbing faster than you think and that gold star rating we have for our debt the credit rating, the a.a.a. credit rating could go away sooner than you think as early as 2013. why? they say there is a tipping point. in the which interest on debt exceeds 18% of our revenue. they say that's a bad thing it could happen as soon as 2018 unless interest rates rise, then it happens sooner 2013. lots of concern about that interest rates rising in this scenario. how do we pay for this, juliet? taxes have to go up. >> juliet: understandably concern on wreelt wall wall strt because of that there is concern outside as we
that's the problem our country is facing today after the federal budget deficit hit an all-time high for april. there is new concern our debt could be seen as less secure, especially if the interest that we pay on that debt rises dramatically. that problem could hit you in the wallet. gerri willis of the fox business network joins us live. gerri, lay people tell us, make us understand what is going on here. >> this is fascinating, juliet. moody investor service said this debt is climbing...
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this year's budget deficit projected to be $1.3 trillion. experts say the president's promise might have to go by the wayside. >> you just can't start by taking anything off the table. whether the president wants to have -- whether the president wants to keep that promise, where there is no tax increases more the middle class or doesn't. when you start to run the numbers, and look at the policies to get us to any reasonable fiscal goal, which is something we have been doing for months now, you start to realize that basically every single part of the budget has to be part of the solution. >> the white house says and reminds people that the president cut taxes for the middle class last year. this year's budget keeps the bush tax cuts for the middle class. they say the president has been consistent on this point. the president also said earlier this week, shepard, there are real budget problems ahead and that math isn't partisan. thank you. >> shepard: major on the lawn tonight. good weekend. former president clinton have will have a good one a
this year's budget deficit projected to be $1.3 trillion. experts say the president's promise might have to go by the wayside. >> you just can't start by taking anything off the table. whether the president wants to have -- whether the president wants to keep that promise, where there is no tax increases more the middle class or doesn't. when you start to run the numbers, and look at the policies to get us to any reasonable fiscal goal, which is something we have been doing for months...
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emergency border security package that will provide immediate relief to the border without increasing the deficit a single nickel. >> and remember, separately, the president has already said he would deploy 1500 national guard troops to the border to help support those forces actually on the ground. shep? >> you know, republicans have some similar legislation, i guess, but they're taking their money from the stimulus program and that was a big sticker, i guess. >> yeah, it was a big sticking point because the democrats said they wouldn't take a single penny from the stimulus program also known as the recovery act because if they did that, they thought, they would also have to cut some other kind of federal stimulus program. so what they're doing is they're raising fees on foreign companies. the visa fees, these are foreign companies that employ foreign workers but they operate on u.s. soil. when he was asked about this plan earlier, senate minority leader mitch mcconnell said we'll look at it. john mccain, arizona senator said that he had no comment and now at the 11th hour, we found out that in
emergency border security package that will provide immediate relief to the border without increasing the deficit a single nickel. >> and remember, separately, the president has already said he would deploy 1500 national guard troops to the border to help support those forces actually on the ground. shep? >> you know, republicans have some similar legislation, i guess, but they're taking their money from the stimulus program and that was a big sticker, i guess. >> yeah, it was...
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[cheers] >> ran up the deficit. these are the folks that allowed wall street to run wild. these are the folks that nearly destroyed our economy. >> shepard: but house republicans already planning for their takeover. >> we can cut government. we can create jobs in america. we can repeal obama care and we can fix the united states congress. >> shepard: tonight, new details of the top items on the g.o.p. agenda. [cheers] plus, a crucial test for the tea party. the message is that americans really are waking up to this fundamental transformation of america. we don't like the way things are going. >> shepard: we're about to find out just how powerful those americans are. but, first from fox this election night, signs now that this vote is, in part, about president obama. the trends are only starting to emerge but what -- from what we can tell at this hour, many americans are clearly dissatisfied with the president's policies. while some voters say his policies will help the country down the road, more voters say an exit polling that his policies will hurt the nation. and so far
[cheers] >> ran up the deficit. these are the folks that allowed wall street to run wild. these are the folks that nearly destroyed our economy. >> shepard: but house republicans already planning for their takeover. >> we can cut government. we can create jobs in america. we can repeal obama care and we can fix the united states congress. >> shepard: tonight, new details of the top items on the g.o.p. agenda. [cheers] plus, a crucial test for the tea party. the message...
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unhappy with the administration spending cuts and many republicans are upset over tax hikes and a large deficit. and, of course, members of both parties are still steaming over the bank bailouts. geithner today heard all of it but was able to keep the fireworks at a minimum. list. >> they have had their capital cut right out from under them. and so -- >> i could not agree more with you. i have heard the same thing and i think that in many cases i'm sure those concerns are justified and i think you are exactly right to emphasize. >> why is treasury allowing aig to pay bonuses again this year? >> senator, i will commit to you that we will work as quickly as possible to make sure you have the information you need. that is a very good question. we completely support that. happy to work with you and your colleagues on how best to achieve that. >> trace: there were signs of bipartisan support for at least some of the president's ideas. peter barnes from the fox business network is live with more for us. >> reporter: max baucus pointed out that some of the tax proposals have been proposed before in so
unhappy with the administration spending cuts and many republicans are upset over tax hikes and a large deficit. and, of course, members of both parties are still steaming over the bank bailouts. geithner today heard all of it but was able to keep the fireworks at a minimum. list. >> they have had their capital cut right out from under them. and so -- >> i could not agree more with you. i have heard the same thing and i think that in many cases i'm sure those concerns are justified...
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. >> whether it happens or not, there is a trust deficit going on between senate and house democrats, baucus, a key negotiator for the democrats say that's got to be repair fundamental there is any chance of this passing. >> major garrett outside of the white house, thanks a lot. one cancer group is calling this an amazing move forward. their words. it's a new test for ovarian cancer, one of the deadliest forms of the disease. it's available to doctors and hospitals as of today. it's called oval 1 and its manufacturing funded a study that found it correctly catches more than 90% of cancers. current measures detect 730%. scientists say this new test also generates a lot of false positives. more than 60% of the women flagged as likely having cancer did not at all. the current methods have a false alarm rate of 40%. still some doctors say this test could help save lives by catching the disease earlier. right now the survival rate for ovarian cancer is less than 50%. >>> new word, the federal government is about to issue a major warning on baby slings. the popular soft fabric carrier that
. >> whether it happens or not, there is a trust deficit going on between senate and house democrats, baucus, a key negotiator for the democrats say that's got to be repair fundamental there is any chance of this passing. >> major garrett outside of the white house, thanks a lot. one cancer group is calling this an amazing move forward. their words. it's a new test for ovarian cancer, one of the deadliest forms of the disease. it's available to doctors and hospitals as of today....
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but he also warned lawmakers that financing them through more deficit spending could hurt long-term economic growth. >> the problem is that if those tax cuts are not accompanied by other changes in the government budget and are simply funded through borrowing, that that borrowing crowds out other private investment. >> the cbo estimates that with a two-year extension of the bush tax cut, gdp would be a half a percent to two percentage points higher. >> shepard: but they do plan to extend the bush tax cuts for everybody for the first $250,000. right? >> that's correct. that is what the president and democrats on capitol hill are proposing. they say that the country cannot afford the $700 billion over ten years that it would cost to extend the bush tax cuts to those making over 250. we'll see that battle fought out in the lame duck session after the election. >> but just so we're clear, the people who make more than 250 would still get the tax cut on the first 250. right? >> that is correct. it's the increases in the marginal rates. they still benefit from the lower tax rate that everybody get
but he also warned lawmakers that financing them through more deficit spending could hurt long-term economic growth. >> the problem is that if those tax cuts are not accompanied by other changes in the government budget and are simply funded through borrowing, that that borrowing crowds out other private investment. >> the cbo estimates that with a two-year extension of the bush tax cut, gdp would be a half a percent to two percentage points higher. >> shepard: but they do...
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he takes over a state with the nation's highest property taxes, a deficit that could hit $10 billion by july and unemployment near 10%. top stories updated now. roughly 11,000 u.s. troops said to be on the ground in haiti to help deliver badly needed food, water and other supplies. 800 marines arrived today. speaker of the house nancy pelosi saying democrats will push ahead with healthcare reform even should the republican scott brown win the massachusetts senate special election. and heavy rain and floods and piling snow causing major problems in parts of southern, california. some higher elevations in the golden state reportedly set to get ten feet of snow in the coming days. and on this day in 1809, the legendary american poet and author edgar allen poe was born in boston. he was an orphan by the age of three so a rich ungle took him in and raised him. when gambled all of his tuition away, the uncle cut heavy off. he wrote the raven, the tell tale heart, fall of the house of usher to name a few. he died at the age of 40 and for the last 60 years a mysterious visitor has left a bot
he takes over a state with the nation's highest property taxes, a deficit that could hit $10 billion by july and unemployment near 10%. top stories updated now. roughly 11,000 u.s. troops said to be on the ground in haiti to help deliver badly needed food, water and other supplies. 800 marines arrived today. speaker of the house nancy pelosi saying democrats will push ahead with healthcare reform even should the republican scott brown win the massachusetts senate special election. and heavy...
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greece has a 13% budget deficit and country's leaders face international pressure to bring it under control. indonesia, a second day of antigovernment protests in jakarta. these come after the parliament voted for criminal investigation of two leaders who played a role in a controversial bank rescue. both men say they did nothing wrong. the vote said to be mostly symbolic. you began uganda, mud slides slamming in the east. nearly 100 people killed. red cross reports hundreds more still missing. we are told village elders directed a group of school children to seek shelter in the hospital. the slides later destroyed that hospital. and that's a wrap on this fox trip around the world in 80 seconds. >> >> shepard: two troubled governors are in the news tonight, first in new york where the governor david paterson sorn is facing even more new ethics charges tonight. the state's public integrity commission, yes, in new york, now accusing him of violating state ethics laws for taking free world series tickets to yankee stadium it could cost him up to $100,000 in fines. it is the latest in a series
greece has a 13% budget deficit and country's leaders face international pressure to bring it under control. indonesia, a second day of antigovernment protests in jakarta. these come after the parliament voted for criminal investigation of two leaders who played a role in a controversial bank rescue. both men say they did nothing wrong. the vote said to be mostly symbolic. you began uganda, mud slides slamming in the east. nearly 100 people killed. red cross reports hundreds more still missing....
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we think that it basically eases the threat somewhat on the deficit. more appropriate tax policy and our voice has been heard. >> that bit about having their voices heard is really a wig deal. democrats were very angry that they -- about 08 to 100 democrats are prepared to pass the measure as is which means amendments and changes are likely to fail and they will continue forward. >> shepard: what about the people? there is new poll from nbc and the "wall street journal" shows 59% of americans approve of this bill as written. the journal owned by the patient company of this network. karl, next topic. republicans in the senate are delaying the ratification of a new nuclear arms treaty with russia in the move the white house calls a new low. is it all politics? >> well, what happened was a threat from republicans to require the senate clerks to read the actual treaty. this is advanced by south carolina republican jim demint. essentially 300 pages of treaty but there is also lots of appendices some written in russian. it could have taken 10 to 12 hours to
we think that it basically eases the threat somewhat on the deficit. more appropriate tax policy and our voice has been heard. >> that bit about having their voices heard is really a wig deal. democrats were very angry that they -- about 08 to 100 democrats are prepared to pass the measure as is which means amendments and changes are likely to fail and they will continue forward. >> shepard: what about the people? there is new poll from nbc and the "wall street journal"...
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the budget now and cutting the deficit means cutting the fat so say republican leaders who are now supporting a ban on earmarks. those pet projects that lawmakers stick into federal laws to benefit their own states. such a ban was a priority of the tea party movement, if you remember. but until yesterday, it was opposed by the g.o.p. leader in the senate mitch mcconnell in a debate that analysts say threatened to split that party. today one of the prominent tea party voices praised mcconnell's change of position. >> i think the leadership has sent a very strong signal that they have listened and they have woke up and they want to do right by the american people. >> shepard: really so far it's all talk. now there is a push for action. long-time earmark opponents including the democrat claire mccass skill are asking senators to go on the record with a vote on whether to extend the moratorium on earmarks through 2013. wouldn't solve all our problems certainly but karl carl cameron is on capitol hill what's the outlook. >> republicans voted by voice vote nonbinding as a group g.o.p. statement tha
the budget now and cutting the deficit means cutting the fat so say republican leaders who are now supporting a ban on earmarks. those pet projects that lawmakers stick into federal laws to benefit their own states. such a ban was a priority of the tea party movement, if you remember. but until yesterday, it was opposed by the g.o.p. leader in the senate mitch mcconnell in a debate that analysts say threatened to split that party. today one of the prominent tea party voices praised mcconnell's...
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harris moore had been diagnosed with a number of psychiatric disorders including depression, attention deficit disorder, and explosive disorder. not exactly norman rockwell, shep. >> shepard: trace gallagher live in los angeles. thanks. amazon.com says it has reached an exclusive deal to sell ebook versions of famous works not available yet electronically. john updike's rabbit novels and rushdie's midnight children. twitter plans to open first custom built data center in salt lake city. part of an effort to deal with the skyrocketing popularity. social networking site had several outages over the past few months. most recently this past monday. general motors introducing a new smart phone application that let's you control your car from miles away. we're told it will work with most 2011 chevrolet, cadillac, buick and g.m.c. models. the company reports the onstore application can start your car and honk your horn among other things. it's due out later this year. did bp actually help a convicted terrorist get released releasedn exchange for oil deal for bp in the chief executive tony hayward may
harris moore had been diagnosed with a number of psychiatric disorders including depression, attention deficit disorder, and explosive disorder. not exactly norman rockwell, shep. >> shepard: trace gallagher live in los angeles. thanks. amazon.com says it has reached an exclusive deal to sell ebook versions of famous works not available yet electronically. john updike's rabbit novels and rushdie's midnight children. twitter plans to open first custom built data center in salt lake city....
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the house killed those cuts in doctor fees last fall but simply added the 220 billion in costs to the deficit. the recent health care reform bills call for spending in medicare by some 500 billion but that money wasn't dedicated to make stronger but pay for other things including a new entitlement, permanent subsidies for health insurance. >> if you take those medicare cuts and apply them to creating a new entitlement before you fix medicare, how are we going to fix the medicare program? they are basically no ideas left. >> which gets us back to the fundamental problem. government is way better at promising things than it is at paying for them. and the day of reckoning is getting closer. >> shepard: jim angle in our washington newsroom tonight. thank you. sending people into space is one thing but iran apparently has different plans. coming up, word of iran's attempts to launch small creatures into orbit. we have details and video and the reaction coming out of washington. plus a rare move from the united states military. tonight, our forces have announced exactly where they plan to strike in
the house killed those cuts in doctor fees last fall but simply added the 220 billion in costs to the deficit. the recent health care reform bills call for spending in medicare by some 500 billion but that money wasn't dedicated to make stronger but pay for other things including a new entitlement, permanent subsidies for health insurance. >> if you take those medicare cuts and apply them to creating a new entitlement before you fix medicare, how are we going to fix the medicare program?...
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massive spending, the size of government and the growing deficits. >> the president concedes unemployment remains higher than he wants but aides say it would be worse without the unpopular stimulus spending and bailouts which mr. obama says were forced by a recession that began on a republican's watch. >> what they are betting on is amnesia. they are betting that you don't remember that they were in charge all this time. >> the question about the president's outreach is whether it will energize his base more than the tough times they're energizing republicans and some political analysts don't think so. >> i don't think obama's failing to motivate his base. i don't think republicans are succeeding at motivating theirs. real events are motivating the republican base. real events are depressing turnout among democrats. that's what's important. >> in midterm elections even more than in presidential elections, voters tend to indicate their feelings about the direction of the country and recent polls suggest 60% of the voters think we're on the wrong track. >> wendell goler at the white house.
massive spending, the size of government and the growing deficits. >> the president concedes unemployment remains higher than he wants but aides say it would be worse without the unpopular stimulus spending and bailouts which mr. obama says were forced by a recession that began on a republican's watch. >> what they are betting on is amnesia. they are betting that you don't remember that they were in charge all this time. >> the question about the president's outreach is...
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that's roughly 1% of next year's projected deficit. the freeze proposal brought a blunt response from the office of the house minority leader. congressman john boehner spokesman releasing a statement that reads: give washington democrats unprecedented spending bing, this is like announcing that you you're going on a diet after winning a pie-eating contest. for that matter, some democrats don't seem too enthusiastic either. major garrett is our senior white house correspondent. he is live there tonight. major, cutting spending not apparently a popular play in election year. >> that's right. the white house briefed top congressional democrats about this last night, shepard. and for today, the senate majority leader harry reid and the house speaker nancy pelosi, until they get more details and learn exactly what's on the chopping block are officially noncommittal. some democrats want officials to put other spending on the chopping block as well. they don't want to cut funding for the wars in afghanistan and iraq. they want other defense p
that's roughly 1% of next year's projected deficit. the freeze proposal brought a blunt response from the office of the house minority leader. congressman john boehner spokesman releasing a statement that reads: give washington democrats unprecedented spending bing, this is like announcing that you you're going on a diet after winning a pie-eating contest. for that matter, some democrats don't seem too enthusiastic either. major garrett is our senior white house correspondent. he is live there...
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bbc officials reportedly want to put a cap on pension pay to tackle a multibillion dollars deficit. and that is a wrap on this fox trip around the world in 80 seconds. >>> after a week of delays yet another one for the crew of the space shuttle "discovery." the reason and when it may finally blast off for its last scheduled mission. that's next. with capital one's vture card, we get double mi on every purchase. echo! so we earned a trip thgrand canyon twice as fast. uhoh. we get double miles evy time we use our card. i'ltake these. no matter what we're buying. plus the damas. and since double miles add up quick, we can bring the whole gang. it's hard to beat double miles. no, we ride them. [ male announcer ] get the vente card from capital one and earn double miles on eve purchase, every day. go toapitalone.com. what's in your wallet? oh, that's the spot! my professor at berkeley asked me if i wanted to change the world. i said "sure." "well, let's grow some algae." and that's what started it. exxonmobil and synthetic genomi have built a new facility to identify the most productive
bbc officials reportedly want to put a cap on pension pay to tackle a multibillion dollars deficit. and that is a wrap on this fox trip around the world in 80 seconds. >>> after a week of delays yet another one for the crew of the space shuttle "discovery." the reason and when it may finally blast off for its last scheduled mission. that's next. with capital one's vture card, we get double mi on every purchase. echo! so we earned a trip thgrand canyon twice as fast. uhoh. we...
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and to those who support it, it's about families and fairness but, shepard, with this deficit, it does come down to numbers to many people. >> shepard: and it's all your money. william la jeunesse lye. william, thanks. growing chaos on the streets of bangkok as antigovernment protesters clash with riot police and now protest leaders say that country is on the brink of civil war. our top story as we go around the world in 80 seconds. thailand, security forces firing live rounds and rubber bullets at protesters taking over parts of bangkok. officials say one soldier died. it's the latest in a seven week stand off between troops and demonstrators. demonstrators who claim the government is illegitimate. government officials say they want to end the stand off peacefully but no one is backing down. egypt. a court convicting more than two dozen suspected military assistants of spying for hezbollah and plotting terror attacks. three of them sentenced to life in prison. this is the first time egypt has tried members of hezbollah with which the united states considers a terrorist organization. n
and to those who support it, it's about families and fairness but, shepard, with this deficit, it does come down to numbers to many people. >> shepard: and it's all your money. william la jeunesse lye. william, thanks. growing chaos on the streets of bangkok as antigovernment protesters clash with riot police and now protest leaders say that country is on the brink of civil war. our top story as we go around the world in 80 seconds. thailand, security forces firing live rounds and rubber...
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we're told republicans are against it because it adds to the deficit they say and violates the senate's bay-go rule. -- pay-go rule. lawmakers must make up for spending with cuts elsewhere. earlier this month senate democrats threatened all night session after republican senator jim bunning blocked extension of health benefits. senator bunning who also cited a pay-go violation eventually backed down. as lawmakers tackled jobs and health care insurance reform, tonight another major issue to consider. the head of the senate banking committee unveiling a bill that, if passed, would become the biggest overhaul of financial regulations since the new deal. the legislation would effect all aspects of banking and lends companies. senator chris dodd says there is one thing this cannot done. >> this legislation will not stop the next crisis from coming. no legislation can, of course. but by creating a 20 first centuryth regulatory structure for 21st century economy we can equip generations with the tools to deal with that crisis and to avoid the kind of suffering we have seen this country over th
we're told republicans are against it because it adds to the deficit they say and violates the senate's bay-go rule. -- pay-go rule. lawmakers must make up for spending with cuts elsewhere. earlier this month senate democrats threatened all night session after republican senator jim bunning blocked extension of health benefits. senator bunning who also cited a pay-go violation eventually backed down. as lawmakers tackled jobs and health care insurance reform, tonight another major issue to...
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Jul 28, 2010
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arnold schwarzenegger declaring a fiscal emergency as the state tries to tackle the $20 billion deficit. he says the latest worker furloughs will last until lawmakers reach a deal on the budget which is more than a month overdue already. this comes after nearly a year of furloughs ended in june. despite statewide protests, governor schwarzenegger says the unpaid leave is necessary to avoid bankrupting the state. every day in every way because it makes us feel so good. fox news is on the job hunt and the unemployment rate showing steady signs of improvement. it's down slightly from 9.7% in may to 9.5% in june. which sounds a lot like great news but as often as is the case, it doesn't tell the whole story because nearly seven million of those jobless americans have been out of work so long, many have simply stopped working. claudia c claud claudia cowan with the news. >> 40% of people who are out of work right now have been unemployed for six months or more. and for them, trying to find another job has meant digging deep to stay focused and positive. >> at the end of the day, i don't know
arnold schwarzenegger declaring a fiscal emergency as the state tries to tackle the $20 billion deficit. he says the latest worker furloughs will last until lawmakers reach a deal on the budget which is more than a month overdue already. this comes after nearly a year of furloughs ended in june. despite statewide protests, governor schwarzenegger says the unpaid leave is necessary to avoid bankrupting the state. every day in every way because it makes us feel so good. fox news is on the job...
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Jul 21, 2010
07/10
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republicans argued it would increase the deficit asking democrats another way to pay for the thing. the measure goes to the house of representatives. we're gathering new details on this story and planning a live report comprehensive coming up inside "fox report." first, though, a group of lawmakers who met with the prime minister of britain say it is not out of the question that the united kingdom could investigate whether b.p. played a role in the release of the convicted terrorist in exchange for an oil deal. this after david cameron, the p.m. there told reporters he does not think an investigation is necessary. into weather b.p. helped broker the release of a convicted lockerbie bomber al-megrahi. he's the only person convicted in the 1988 attack that killed 270 people. investigation or no investigation, one man who lost his son in that disaster says at this point, it really won't make a difference. >> well, it seems that all the politicians on both sides of the atlantic are wringing their hands and saying how awful it is and how outraged they are, in reality, nothing will come o
republicans argued it would increase the deficit asking democrats another way to pay for the thing. the measure goes to the house of representatives. we're gathering new details on this story and planning a live report comprehensive coming up inside "fox report." first, though, a group of lawmakers who met with the prime minister of britain say it is not out of the question that the united kingdom could investigate whether b.p. played a role in the release of the convicted terrorist...
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Nov 16, 2010
11/10
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how strongly they feel about it, particularly given that they're also saying they want to control the deficit and debt. if they feel very strongly about it, then i want to get a sense of how they intend to spend -- how they intend to pay for it. >> you can expect to hear more of those different positions when congressional leaders come here to the white house on thursday for a face-to-face meeting with the president and perhaps dinner, shep. >> shepard: mike emanuel live at the white house tonight. mike, thanks very much. now to an absolutely horrible case out of state of ohio where police say they found a 13-year-old girl bound and gagged in a man's basement. but her mother, her brother, and another woman are all still missing. it is a bizarre case. the facts from the investigators on the scene, plus the blood trail from the journalists of fox news tonight on the fox report. hey, lawrence, my parents want to talk to you. oh. about what? uh, they don't really think you're an exchange student. what? they think you're a businessman, using our house to meet new clients in china. for reals, playe
how strongly they feel about it, particularly given that they're also saying they want to control the deficit and debt. if they feel very strongly about it, then i want to get a sense of how they intend to spend -- how they intend to pay for it. >> you can expect to hear more of those different positions when congressional leaders come here to the white house on thursday for a face-to-face meeting with the president and perhaps dinner, shep. >> shepard: mike emanuel live at the...
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Jun 22, 2010
06/10
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her opponent got so in this run off tonight it was widely expected that he would find that 27 point deficit very hard to surmount in just two short weeks. nikki haley has taken a lot of abuse in this case. allegations of infell delegates two separate men. allegations about christian faith she was raised a sikh indian american. now with the polls now closed it is expected tonight that she will win and win big. be the first republican gubernatorial female nominee in history. shep. >> shepard: now to the republican primary in utah. what a fascinating one this one is antiestablishment movement already knocked off incumbent senator bob bennett. what should would he be looking for in who won't even talk to the local news media. >> technically what's going on tonight in utah is a primary though it kind of has the effect of a run-off kind of what is going on in south carolina. in so far as bob bennett was eliminated from re-election at a state party convention several weeks ago. tonight on the ballot tim bridge water, establishment businessman backed by the chamber of commerce, very popular find hi
her opponent got so in this run off tonight it was widely expected that he would find that 27 point deficit very hard to surmount in just two short weeks. nikki haley has taken a lot of abuse in this case. allegations of infell delegates two separate men. allegations about christian faith she was raised a sikh indian american. now with the polls now closed it is expected tonight that she will win and win big. be the first republican gubernatorial female nominee in history. shep. >>...
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Mar 6, 2010
03/10
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according to the congressional budget office, the federal deficit will likely be $1.2 trillion higher than the obama administration predicted in its grim budget submission last month. that total now expected to hit somewhere in the neighborhood of $9.8 trillion over the next decade. the chile now where another powerful after shock struck this morning, this one a 6.6 magnitude. it rattled the city of concepcion which was among those hardest hit last weekend. would you look at that? today's after shock strongest yet as chile tries to assess the extent of the death a.m.d. and damage from saturday's quake and the destruction that followed. tsunami wave overtaking cars and submerging buildings as it swept through the streets of a small coastal town. this was last week. officials blame the tsunami for most of the death and destruction in chile. there is no fallout over the failure to issue a tsunami warning immediately after saturday's quake. david lee miller with the latest. he is streaming live tonight in the city of concepcion. david lee? >> behind me, shepard, a 14-story apartment house
according to the congressional budget office, the federal deficit will likely be $1.2 trillion higher than the obama administration predicted in its grim budget submission last month. that total now expected to hit somewhere in the neighborhood of $9.8 trillion over the next decade. the chile now where another powerful after shock struck this morning, this one a 6.6 magnitude. it rattled the city of concepcion which was among those hardest hit last weekend. would you look at that? today's after...
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Aug 9, 2010
08/10
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one of the reasons they have the short fall is the recession we are coming out of. 41 billion-dollar deficit. opposition come from the likes of manual laborers, older workers close to retirement age. folks who have serious health problems. longer employ employees. lower life expectancy as well. definitely push and pull in the coming years. >> there must be a lot of politics in this one when the minority brings it up. >> third rail of politics and no one wants to touch it? >> don't touch benefits but got to cut somewhere. >> fox business, thank you. >> sure. >> shepard: word today of major budget cuts looming at the pentagon. roberts gates says is he looking to slash programs and personnel to save the defense department billions of dollars. one of those proposals is to cut funding from outside contractors by 10% each year for the next three years. secretary gates also recommends eliminating the joint forces command in virginia. that office trains members of different military branches to fight together. it has nearly 5,000 employees and pays a collective $200 million in salaries. but the pres
one of the reasons they have the short fall is the recession we are coming out of. 41 billion-dollar deficit. opposition come from the likes of manual laborers, older workers close to retirement age. folks who have serious health problems. longer employ employees. lower life expectancy as well. definitely push and pull in the coming years. >> there must be a lot of politics in this one when the minority brings it up. >> third rail of politics and no one wants to touch it? >>...
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Dec 30, 2010
12/10
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. >> earmarks represent the culture of spending that has led to record deficits and debts literally costing us our future. we have got to change that culture and we have got to start right now. >> he is far from alone. there are plenty of converts on their. how will the change play with constituents? the very people who had been benefiting from the earmarks but also talking about how mad they were at congress for all that pork. >> they do say, you know, i used to support it but it got out of hand and i think our -- the financial condition of our country is perilous enough that we had to stop it and i did. they might score some points back home. >> congresswoman michele bachmann who heads up the tea party caucus and did not ask for a single earmark all the members have agreed to stick taking together and say no to earmarks moving forward. harris? >> harris: thanks very much. shannon. high speed crash ends in -- car chase ends in a crash. what it did to the car you have to see. our top story on a fox trip across america. washington. a police chase ending with a suspect's car cut in half. poli
. >> earmarks represent the culture of spending that has led to record deficits and debts literally costing us our future. we have got to change that culture and we have got to start right now. >> he is far from alone. there are plenty of converts on their. how will the change play with constituents? the very people who had been benefiting from the earmarks but also talking about how mad they were at congress for all that pork. >> they do say, you know, i used to support it...